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Agadir Desalination Plant Phase 2

Sector: Water Supply and Storage • Location: Morocco

Source: World Bank Group

Project
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The project entails the construction and development of the phase two of the Agadir desalination plant located in the Souss Massa region of Agadir, Morocco. Phase two of the seawater desalination plant will have capacity to produce 275,000 cubic metres per day of water with potential for further expansion to 450,000m3/d. Abengoa and co-developer InfraMaroc (part of CDG Capital Infrastructure Group

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The project “Agadir Desalination Plant Phase 2” is an infrastructure initiative in the Water Supply and Storage sector, located in Morocco. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction and development of the phase two of the Agadir desalination plant located in the Souss Massa region of Agadir, Morocco. Phase two of the seawater desalination plant will have capacity to produce 275,000 cubic metres per day of water with potential for further expansion to 450,000m3/d. Abengoa and co-developer InfraMaroc (part of CDG Capital Infrastructure Group) signed an agreement with state utility ONEE in June 2017 to develop, build, finance and operate the project for 27 years. ONEE will be the sole offtaker under a long-term WPA. The total project cost is being estimated at $239.53 million. Banque Marocaine du Commerce Extérieur has arranged the $79.63 million financing of the project. The equity equals to $159.90 million. The financial close took place on April 27, 2018 https://ijglobal.com/data/transaction/39443/agadir-desalination-plant-phase-2-ppp

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